An update from previous ichimoku blog post.
Am still holding on to the position. Thin ichimoku cloud ahead raises concerns to the supporting strength for the price action. The current new high is pleasing though.
Singapore Ichimoku Trader
This blog belongs to Bryan with a cybernick Resurrector. He is using Ichimoku Charting actively in his trading. He trades forex on a part time basis as he still hold a full time job as a consultant.
Tuesday, August 20, 2013
Ichimoku Trading Strategies EURUSD 16 July 2013 #2
An update from previous ichimoku blog post.
Am still holding on to the position. Thin ichimoku cloud ahead raises concerns to the supporting strength for the price action. The current new high is pleasing though.
Singapore Ichimoku Trader
Thursday, August 8, 2013
Ichimoku Trading Strategies EURUSD 16 July 2013 #1
This was an retrospective and current post.
The very first position was established on 16 July, when price action penetrated above the ichimoku cloud. Held on to the position for some time, added a second position when chikou span cut above the ichimoku cloud. Continued to hold the 2 positions until a third was added recently, when tenkan-sen recut above kijun-sen while above the ichimoku cloud.
The forward path looks worrying as the cloud is thin. Will have to see how the price action develops itself.
Singapore Ichimoku Trader.
Tuesday, July 30, 2013
Ichimoku Trading Strategies AUDUSD 16-July-2013 #4
Not a very good way to end the month with. Was stopped out in the AUDUSD as seen from the chart. A sharp reversal in the price action piercing from above the ichimoku cloud to below the ichimoku cloud.
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